It’s been a crazy two weeks for investors in India’s technology sector as the top technology companies reported results for the first three months of the year.

They have seen the Bombay Stock Exchange’s IT Index falling 8.8% after Infosys Ltd. reported results on April 13, rising 4.9% after Tata Consultancy Services Ltd. reported Monday, and dropping 2.1% Wednesday after Wipro Ltd. announced its outlook.

The markets have been left confused, as has the analyst community. Safe to say, then, that the verdict is still out on where, exactly, demand stands for outsourcing services in the future. Read More »

The construction of skyscrapers is one indication of a financial bubble, and feverish building activity in India and China suggest a bursting may be on the horizon.

That’s the finding of a recent report by Barclays Capital.

For more than a decade, Barclays’ property analyst Andrew Lawrence has been contending that a spurt in the construction of skyscrapers and other tall buildings in a country signals “an impending financial crisis.”

Mr. Lawrence illustrates his thesis by connecting some of the world’s most famous skyscrapers to economic booms and busts. Read More »

India’s economic growth slid to 6.9% in the June to September quarter, a troubling drop from the previous quarter’s 7.7%.

Economists give their take on the figures, which were released Wednesday:

– Taimur Baig, Deutsche Bank:

There’s a “year of below-trend growth ahead.”

“The expenditure side of GDP painted a somewhat bleak picture, with investment growth contracting…We expect that one positive by-product of lower growth would be a decline in demand side impulse to inflation, which would then pave the way for some monetary policy easing in the next fiscal year.” Read More »

About India Real Time

India Real Time offers analysis and insights into the broad range of developments in business, markets, the economy, politics, culture, sports, and entertainment that take place every single day in the world’s largest democracy. Regular posts from Wall Street Journal and Dow Jones Newswires reporters around the country provide a unique take on the main stories in the news, shed light on what else mattered and why, and give global readers a snapshot of what Indians have been talking about all week. You can contact the editors at indiarealtime(at)wsj(dot)com.